ECM Review (2023)

Founded
2018
Avoid Reason
No License
  • Company name: 

ECM Group Ltd. ECM. ECM Trader.

  • Registration Address/ License:

Vanuatu. No License, No Regulation. 

About ECM
🗺️ Registered in Vanuatu
🗺️ Type of License Offshore License
🛡️ Is ECM safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker FP Markets - licensed by ASIC in Australia

ECM group is an online trading firm, specializing in forex and CFD brokerage, while claiming its global coverage of international individual traders, money managers and institutions. With an opportunity to trade Forex and Precious Metals with high interbank liquidity conditions, robust order execution in a split second, ultra-tight spreads (Check Brokers with Zero Spread) and other advantages on MT4.

However, being located in offshore zone Vanuatu, the company, therefore, do not comply their operational standards with the strictest international set of performance designed by the reputable authority with a purpose to protect clients. For that reason, there is no confirmation of the brokerage reliability and trust to the financial investment delivered. 

Conclusion

Mostly we do not recommend trading with a non-regulated broker, as an offshore zona does not bring a lot of credibilities, therefore there is no guarantee that potential gains will be ever returned back and managed correctly. It is much safer to invest with a reputable brokerage firm that is licensed by the industry authority and constantly overseen in terms of the performance and delivery of financial service. In addition, in order to be licensed the firm should prove their capitals and are secured by the participation in schemes in case the things are going wrong. Therefore, the client, his funds and investments are protected by the necessary legitimate authorities at authorized firms. And there are various companies to choose from, with vast investment opportunities and with the following of the strictest rules from ASIC regulations, CySEC or FCA international standards.  

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